Dover (DOV) Q2 2025 Earnings Call Transcript
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Dover Corp. (NYSE:DOV) reported 7% growth in consolidated bookings in Q2 2025, and emphasized record adjusted segment EBITDA margins above 25%, reflecting mix improvement and cost discipline. Management raised full-year adjusted EPS guidance by 14% for 2025, supported by continued order momentum and robust backlog coverage for the coming quarter. Segment sales trends varied, with notable strength in Clean Energy Fueling and specialized growth platforms, while revenue in vehicle services, food retail refrigeration, and certain polymer processing businesses declined, but segment margins generally advanced on productivity actions and restructuring savings. Ongoing footprint consolidation and operational initiatives are providing $30 million in recognized savings in FY2025, with additional gains expected in subsequent years. Capital allocation remains a priority, highlighted by active M discussions covering approximately $400 million in potential revenue and organic investments aimed at high-return projects in growth markets.
Source Fool.com
